Comments
Kridhan Infra on Friday announced that it has signed a definitive share purchase agreement with institutional and other investors of Vijay Nirman Company to acquire 36.60 per cent stake in the latter. Vijay Nirman Company is a pedigreed private construction company with over 35 years of operations. The company has completed over 400 projects and has in-house design, execution and training academy and a fully-equipped 20,000-square metre fabrication yard near VSEZ, Visakhapatnam. VNC’s key business activities are: roads, bridges and metros, affordable housing, urban & rural infrastructure, industrial infrastructure and ports & terminals. The stock of the company ended the day on a high, gaining 6 per cent at ₹104.3 on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.